Welcome to all new LLQP E-Newsletter readers. We have put together some sample LLQP questions and answers on topics that may appear on your LLQP exam. After doing the quiz, please review topic areas you got wrong in the Advocis LLQP Study Guide.
Sample LLQP Exam Questions
1. Marsha, a resident of Newfoundland, redeems some of her RRSP to fund her Christmas vacation in New Zealand. She requests a withdrawal amount of $16,000. Her financial institution advises her that any cash withdrawals she makes from her RRSP is subject to tax withholding. Assuming that Marsha has no other charges applying to her withdrawal, what amount of money is Marsha going to receive?
- $11,200
- $12,000
- $12,800
- $13,200
Get the answer and rationale for this question online.
Take the LLQP sample question challenge all the way and try more questions.
Education programs to guide you through you career
Advocis’ Education Resources department offers a complete range of education programs.
To see how our programs can help guide you as you move through your career, please see our Curriculum Map.
To learn more about our educational programs and resources, please click here .
A New Membership Category For LLQP Student Members
As you may know, Advocis recently introduced a new LLQP Student Member membership category. Students taking Advocis’ LLQP who are not yet licensed are eligible for this complimentary membership. To join, go here and download a pdf of the application form.
If at renewal time you are still enrolled in the LLQP and still not licensed, you’re eligible to remain in the category for another year. Students who have completed the LLQP will be moved into our New Advisor Year 1 Membership category. New Advisors then pay only $250 a year for each of their next three years of membership, a savings of more than $500 per year!
Additional Study Aids
 Preparatory Seminars and Practice Exams
LLQP Prep Seminars – A comprehensive four-day classroom-based seminar intended to prepare you for writing the certification and final licence exams.
Contact Foran Financial at: 416-947-1922 or 1-800-565-0374.
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